Reinhard Selten, German economist, Died at 85


Reinhard Justus Reginald Selten was born on October 5, 1930, and died on August 23, 2016.

He was a German economist.

Selten won the 1994 Nobel Memorial Prize in Economic Sciences (shared with John Harsanyi and John Nash).

Reinhard also well known for his work in bounded rationality, and can be considered as one of the founding fathers of experimental economics.

Selten studied mathematics at Goethe University Frankfurt and obtained his diploma in 1957.

He then worked as a scientific assistant to Heinz Sauermann until 1967. In 1959, he married with Elisabeth Lang Reiner. They had no children.

During 1961 he also received his doctorate in Frankfurt in mathematics with a thesis on the evaluation of n-person games.

Reinhard was a visiting professor at Berkeley and taught from 1969 to 1972 at the Free University of Berlin and from 1972 to 1984 at the University of Bielefeld.

Selten was the top candidate for the German wing of Europe – Democracy – Esperanto, in the 2009 European Parliament election.

Reinhard Selten passed away at 82 years old.